Is Retirement Planning Online Feasible?

Retirement planning online is, in my opinion, not yet feasible. However,
a lot can be done online. You can educate yourself online to such a
degree that you can take control of your retirement planning with
confidence.

Retirement planning online will explain to you the various retirement
provision plans available to you and which provision plans offer the
best tax advantage and tax deferral on your – and your employer's –
contributions. But retirement planning is more than that. You need to
diversify your retirement portfolio and this is where you enter a mine
field.

I spent a lot of time on the Internet to research available planners,
calculators, programs, handbooks, and other retirement planning tools.
The results of my research are published on this Web site. If you spend
the time online to educate yourself and try the different scenarios on
planners, calculators, and spreadsheets you'll be able to eliminate
uncertainty around retirement planning.

But if you expect to walk
away with a detailed retirement plan that you prepared online, think
again. I tried to do exactly that, but when it came to retirement
investment planning I realized that I was hopelessly unqualified.

I
thought I knew how to handle it, but I was uncertain. I eventually
appointed an independent financial advisor to plan and manage my
retirement portfolio. He brought new insights to the table that I would
have missed out on.

I am ten years into retirement and often feel
that we should switch to this investment or that investment in my
portfolio – as advised by the financial press that I am tracking.

Every
time my advisor would investigate the investment proposed and come back
with a well prepared and motivated argument why the proposed investment
might not be in my best interest. He's got access to studies and
analysis of various banks, insurance companies, and investment
companies. And he is trained to interpret this material!

Your
retirement planning is too important to be left entirely to somebody
else. But it is also too important to be attempted online without
interaction with an independent and experienced advisor.

If you are not yet ready for an advisor, spend some time online on Retirement-Planning-Central.Com. And do consider the
handbook for planning retirement
that we recommend.